The Children's Aid Society's plan to offload another one of its holdings, this one a handsome 19th-century property on the Upper East Side that currently houses the Rhinelander Children's Center, has solidified since there was first talk of a sale in September. Douglas Elliman's Tavivian Sporn team, along with Cushman & Wakefield, is marketing the 15,000-square-foot property with two terraces at 350 East 88th Street, and have even set up a sexy little teaser site explaining all of its assets. Boutique condominiums? A single-family mansion? A corporate or non-profit office? All options for a potential conversionif you've got $20 million to spare. Other options include "a school, non-commercial art gallery, museum, medical office, house of worship, or the headquarters of a foundation or other charitable organization." Given the current trends, we're putting money on residential.
· 350 E. 88th [official]
· Official Listing: 350 East 88th Street [Elliman]
· Children's Aid Society asks $20M for UES townhouse [TRD]
· Rhinelander Children's Center Eyeing New Space as Sale Looms [DNAinfo]
· Uh Oh, Children's Aid Society Will Sell Yet Another Property [Curbed]